Ccoop Group Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 367.89 million compared to CNY 362.15 million a year ago. Revenue was CNY 367.9 million compared to CNY 362.17 million a year ago.

Net loss was CNY 90.01 million compared to net income of CNY 12.06 million a year ago. Basic loss per share from continuing operations was CNY 0.0047 compared to basic earnings per share from continuing operations of CNY 0.0006 a year ago. Diluted loss per share from continuing operations was CNY 0.0047 compared to diluted earnings per share from continuing operations of CNY 0.0006 a year ago.